Thinca Co (TSE:149A) Price-to-Tangible-Book : 8.05 (As of May. 11, 2024)

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What is Thinca Co Price-to-Tangible-Book?

As of today (2024-05-11), Thinca Co's share price is 円949.00. Thinca Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円117.86. Hence, Thinca Co's Price to Tangible Book Ratio of today is 8.05.

The historical rank and industry rank for Thinca Co's Price-to-Tangible-Book or its related term are showing as below:

TSE:149A' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 8.58
Current: 8.05

During the past 3 years, Thinca Co's highest Price to Tangible Book Ratio was 8.58. The lowest was 0.00. And the median was 0.00.

TSE:149A's Price-to-Tangible-Book is ranked worse than
72.84% of 2088 companies
in the Software industry
Industry Median: 3.61 vs TSE:149A: 8.05

A closely related ratio is called PB Ratio. As of today, Thinca Co's share price is 円949.00. Thinca Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円124.06. Hence, Thinca Co's P/B Ratio of today is 7.65.

Thinca Co Price-to-Tangible-Book Historical Data

The historical data trend for Thinca Co's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thinca Co Price-to-Tangible-Book Chart

Thinca Co Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Thinca Co Quarterly Data
	Dec21	Dec22	Sep23	Dec23
Price-to-Tangible-Book	-	-	-	-

Competitive Comparison of Thinca Co's Price-to-Tangible-Book

For the Software - Application subindustry, Thinca Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thinca Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Thinca Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Thinca Co's Price-to-Tangible-Book falls into.

Thinca Co Price-to-Tangible-Book Calculation

Thinca Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	949.00	/	117.856
	=	8.05

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Thinca Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Thinca Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Thinca Co (TSE:149A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Thinca Co Ltd (TSE:149A) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-0054

Website

Thinca Co Ltd is engaged in development and distribution of communication platform "KAICLOUD", and other related business.

Thinca Co (TSE:149A) Headlines

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